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Hong Kong Today

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Hong Kong's Plans to Revive Finance Hub Role and Boost Birth Rate

This chapter discusses the Hong Kong government's plans to revive the city's role as a finance hub, including cutting stamp duty on stock trading and establishing a financial cooperation committee with Shenzhen. It also covers the announcement of measures to boost Hong Kong's declining birth rate, such as providing $20,000 to parents for each baby born and offering additional housing tax deductions.

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